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The Bank of Japan predicted growth of just 0.5 percent, cutting its previous forecast in half, and decided against another hike in interest rates.
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Senate Democrats are forcing a vote Wednesday evening on whether to block global tariffs announced by Donald Trump earlier this month, a potentially tough vote for some Republicans who have expressed concerns about the policy but are wary of crossing the president.
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Only three Republicans joined Democrats in voting to end the national emergency President Trump declared to impose tariffs on most U.S. trading partners, leaving the measure short of the support needed to pass.
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US Senate rejects bill to rein in Trump tariffs as economy contracts Reuters
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Before a rally in Michigan on Tuesday, President Trump signed actions to give automakers a break from some tariffs. NPR speaks with Macomb County Chief Executive Mark Hackel about the reprieve.
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President Trump promised a new "golden age" for the United States. But his first 100 days in office have left the economy looking tarnished.
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